ProShares - K-1 Free Crude Oil ETF (OILK)
ProShares - K-1 Free Crude Oil ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $52.32, down 0.19% on the session, giving a market capitalisation of $64.3M. Its beta of 1.37 implies it has historically moved more than the broad market.
This fund strategically allocates its assets to a variety of financial instruments, which ProShare Advisors intends to collectively mirror the performance of its underlying index. The index itself is constructed to track the price fluctuations of three distinct West Texas Intermediate (WTI) Crude Oil futures contract schedules, all actively traded on the NYMEX exchange. Each of these contract schedules contributes an identical one-third weighting to the index, with this equal distribution being re-established during semi-annual rebalancing events held in March and September.
ProShares - K-1 Free Crude Oil ETF is most often compared with the following Financial Services names: